Karnataka may offer sops to step up smartphone production, exports

Karnataka may come up with specific concessions to scale up smartphone manufacturing and step up the state’s share in smartphone exports.

Industries minister MB Patil and IT/BT minister Priyank Kharge felt the need for such an incentive package. The two ministers held a meeting with officials in Bengaluru in this regard, where they discussed projects that require joint implementation by both their departments.

At present, 44% of smartphones manufactured in India are exported to the US. China’s share in smartphone exports to the US has dropped from…